Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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Mortgage Demand Rose for the First Week Since Early March

Weekly mortgage demand has increased for the first time since early March, although it’s likely just a blip. So reports CNBC.

arrow up iconAccording to the Mortgage Bankers Association, total mortgage application volume was up 2.5% on a seasonally adjusted basis for the week ended April 29, compared to the week prior.

“The purchase market remains challenged by low levels of housing inventory and rapid home-price gains, as well as the affordability hit from higher mortgage rates that are forcing prospective buyers to factor in higher monthly payments," MBA economist Joel Kan said in a statement.

Read the full article from CNBC.

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